China Doesn’t Need Corn, Here’s Why They May Be Buying
What everyone’s reading this month | | | Corn, wheat and soybeans saw a price pop this week on news China made a big purchase of U.S. corn. USDA confirmed China bought 686,000 MT of corn for delivery to China. Read More | | The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) published a final rule on Thursday updating hours of service (HOS) rules to increase safety on America’s roadways by updating existing regulations for truck drivers. Read More | | President Donald Trump told reporters Wednesday he has asked the Justice Department to look into allegations that U.S. meat packers broke antitrust law because the prices paid to farmers and ranchers has declined even as meat prices rose, Reuters reports. Read More | | | Theresia Gillie, a Minnesota farmer, former president of the Minnesota Soybean Growers Association and widow of farmer Keith Gillie, shares what life looks like now. Read More | | Asian giant hornet, the largest hornet on the planet, reaching just over 2” long and packing a painful, tissue-destroying sting capable of sending allergic victims to the morgue, has gained a foothold in the U.S. Read More | | With up to $2.1 billion for specialty crop producers at stake, the U.S. Department of Agriculture has provided the first details of the Coronavirus Farm Assistance Program direct payment plan. Read More | | | With COVID-19 restrictions, the community knew a traditional funeral service wasn’t possible. So, they orchestrated a special tribute. Read More | | Cattle feedlots are running out of space, and several processing plants are running at a low capacity or closed. Washington D.C. could soon take action. Read More | | The market got its first taste of just how big of a U.S. corn crop farmers may be producing. At 3.3 billion bushels, that’s the largest stocks since the 1980s. Read More | | According to USDA Meteorologist Brad Rippey, the May freeze was one for the record books, but slow emergence in corn could help save some of the crop from major damage. Read More | Harvest News | Soil Temperature
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